Posting to any of the Cost Centres will only be for your nominal items. This will affect the posting areas of Firm Invoice, Firm Credit, Bank Payments and Bank Receipts. As an example, to post a Bank Payment, follow the steps below:
Enter DPS One Office for FD.
Click on the Nominal Ledger Tab and select Bank Payments and Receipts.
From the Type drop down select BP - Bank Payment.
Enter in your usual information for the payment being made as per below:
Office Bank – Select from the drop down the Office Bank for payment to be made from.
Nominal – Input or select with ‘Find’ the nominal the payment will be made against.
Branch – Select the branch relating to the payment from the drop-down box.
Date – Input the date of the payment being made.
Reference – Initial reference will be CHQRUN but this can be overtyped and put to your own values. This will appear on your Bank Reconciliations.
Net – Enter the net amount of the payment being made.
VAT Code – Select from the drop-down box the relating.
VAT percentage for the payment VAT – This will automatically populate from the NET amount and VAT Code.
Gross - This will automatically populate from the NET amount and VAT Code.
Details – Enter in the details of what the payment is for.
Payee – Enter in who the payment is being made to.
Locate the Cost Centre 1 and Cost Centre 2 fields to the right-hand side of the screen. Click Find next to Cost Centre 1 and double click on the required cost centre. Repeat for Cost Centre 2.
Click Add to Batch. This will add the posting to the batch which is shown on the right-hand side of the screen.
Click Post Batch.
The posting has now been completed to the nominal and will be sub-categorised to Cost Centres. This will work in the same way when doing a posting for Firm Invoice, Firm Credit and Bank Receipts.
If you need help with setting up cost centres, please visit this article.